Sunflower Music Festival Inc

Analysis

Sunflower Music Festival Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sunflower Music Festival Inc reported income of $256k and spending of $205k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $256k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sunflower Music Festival Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within KS. Charities of a similar size with the same main cause include Clarity Educational Productions Inc ($256k), Institute for Political Philosophy and Theology ($256k) and Dynamic Xplosion Cheer ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. At year end it held assets of $66k against liabilities of -$456, net assets of $67k.